CODA plc launches Corporate Responsibility Programme

Released on = October 17, 2006, 6:05 am

Press Release Author = CODA

Industry = Small Business

Press Release Summary = . New programme to reflect independent business model
. Policy based programme to keep CODA a sustainable business

Press Release Body = CODA plc, the finance systems specialist which recently floated
on London's AIM Market, today launched its new Corporate Responsibility Policy and
supporting programmes.
CODA's policy includes initiatives to formalise client and market involvement in
product development, increase recycling, save energy and cut CO2 emissions, as well
as initiatives to continuously improve the company's reputation as a supplier,
employer and member of its local and professional communities.
Jeremy Roche, CEO of CODA plc, said: "We believe Corporate Responsibility is a core
component in the creation of sustainable shareholder value. We want to ensure and
clearly demonstrate that CODA is a strong, sustainable business. It's important to
us, as it should be to every business, to show investors, customers, suppliers,
staff and the communities we are part of that the company is behaving ethically and
responsibly towards each of them. We are determined to take a long-term view of the
business and therefore how we impact everyone around us."
CODA, which develops and markets software solutions for Finance Departments,
recently introduced a new version of its CODA-Control product line to help manage
Corporate Responsibility programmes, and it's no surprise that the new policy will
be implemented using this unique piece of software. Following its demerger from
CODASciSys plc, CODA is now able to produce a dedicated policy that reflects its own
business needs and specific circumstances.
The project to implement the policy is headed by Dave Belmont, CODA's Company
Secretary, who was recently named Company Secretary of the Year by the ICSA. His
appointment reflects CODA's belief that Corporate Responsibility is a core business
strategy rather than a 'window dressing' approach favoured by many businesses, and
Mr Belmont and his team are implementing firm measurement criteria for each of the
initiatives outlined in the policy. In time, suppliers and some other business
partners will be asked to comply with aspects of the policy, and new suppliers will
be expected to provide detailed information about their policies, plus data that
affect CODA's measurement criteria.
ABOUT CODA
CODA creates, markets and implements a complete range of software systems designed
specifically to meet the needs of Financial Directors and Finance Departments. These
include financial management systems, analysis applications, and business process
management and control software to implement compliance solutions. Its service
oriented architecture also makes CODA software easy for clients and other vendors to
integrate it with their business applications.
CODA was founded in 1979, has around 550 employees working from 13 global locations,
and is listed on AIM in London under the ticker "CODA". CODA software is designed
for multi-currency, multi-language, multi-country, multi-company and multi-site
operations, and is used by around 2,600 medium and large organizations in over 100
countries in a variety of markets and within both public and commercial sectors.



Web Site = http://www.coda.com

Contact Details = Emma Hoyle||Beckwith Head Road-Cardale Park ||Harrogate , HG3
1RY||$$country||||44-01423-537-977||Emma.hoyle@coda.com||http://www.coda.com

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